PM (short for Puerto Madero) is absolutely beautiful in a urban-rustic way that suits its Buenos Aires namesake. The building, a mix of red brick and hand-hewn keystone accented with iron and wood, looks as if it could be rehabbed warehouse on the waterfront. But that is where the Argentine comparison ends. Besides the gorgeous décor, which includes what must be more than a thousand bottles of wine in shiny floor-to-ceiling vaults, I am hard-pressed to find redeeming qualities in this Brickell area newcomer.